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Vulcan Infrastructure & Power (VIP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Vulcan Infrastructure & Power (VIP) reported revenue of $3.4M for the second quarter 2026 (Q2 2026), -74% from a year earlier and -84% from the quarter before. Operating margin was -284.8%, net loss $9.9M (292.4% of revenue).

Revenue$3.4M
Year over year-74%
Quarter over quarter-84%
Operating margin-284.8%
Net earnings−$9.9M

Vulcan Infrastructure & Power, Q2 2026: revenue $3.4M (-74% year over year), operating margin -284.8%, net loss $9.9M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.4M-84%-74%
Operating profit−$9.6M——
Net earnings−$9.9M——
Operating cash flow−$4.3M——

What changed

Revenue was $3.4M in Q2 2026, down 74% year over year and down 84% from the previous quarter. Cryptocurrency mining was the largest line at 50% of revenue. Datacenter hosting lost $5.6M year over year (down 94%), 60% of the total change.

Operating costs exceeded revenue by $9.6M, an operating margin of -284.8%. Total costs fell 20% while revenue fell 74%. The fastest-growing cost line was SG&A (+26%). The quarter ended with a net loss of $9.9M, wider than the previous quarter's $4.6M loss.

Operating cash flow was −$4.3M. Non-cash charges added back $1.1M of depreciation and amortization and $403K of share-based compensation. Working capital and other items added $4.0M.

Questions

What was Vulcan Infrastructure & Power's revenue in the second quarter 2026?

Vulcan Infrastructure & Power (VIP) reported revenue of $3.4M for the second quarter 2026 (Q2 2026), -74% from a year earlier and -84% from the quarter before.

Was Vulcan Infrastructure & Power profitable in the second quarter 2026?

Operating loss was $9.6M (-284.8% of revenue) and net loss $9.9M.

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Source: Vulcan Infrastructure & Power 10-Q on SEC EDGAR.